How does the housing market look in Navy / Vale? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Navy / Vale Virginia
Median Sale Price
$1,311,111
34.7%
New Listings
31
24.4%
Number of Homes Sold
11
50.0%
Median Days on Market
4
12.5%
Market Overview
Based on home data between April 17, 2022 and May 17, 2022, homes for sale in Navy / Vale, VA sold for a median price of $1,311,111, up 34.7% compared to the same period last year. The median price per square foot was $324.38, up 8.9% year-over-year. There were 11 homes sold, down from 22 last year.
All Home Types
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
Get your maximum home value with minimal effort
Use Orchard’s free tool to get your most accurate home valuation today.
Get Started
Get your maximum home value with minimal effort
Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
On May 17, 2022, the total number of homes for sale in Navy / Vale, VA was 44, down 21.4% compared to last year. Based on home data between April 17, 2022 and May 17, 2022, 31 new homes were listed for sale, down 24.4% year-over-year. The median days on market was 3.5, down from 4 days last year. The months of supply was 2.18, up from 0.95 months last year.
All Home Types
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start Quiz
Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start QuizHousing Demand
Based on home data between April 17, 2022 and May 17, 2022, homes in Navy / Vale, VA had a median sale-to-list-price ratio of 110.08%, up 7.5 pt compared to the same period last year. 90.91% of homes sold above list price, up 22.7 pt year-over-year. 0% of homes listed dropped in price, same as last year.
All Home Types
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get Started
Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get Started
